Amazon.com Teams with FedEx and the United States Postal Service to Deliver ``Harry Potter and the Order of the Phoenix'' to Customers the Same Day It is Released.

Entertainment Editors/Business Editors/Retail Editors

SEATTLE--(BUSINESS WIRE)--April 16, 2003

Effort Will Produce Largest Single E-Commerce

Distribution Event in History

Leading online retailer Amazon.com (Nasdaq:AMZN) has teamed with FedEx (NYSE:FDX) and the U.S. Postal Service to deliver the highly-anticipated "Harry Potter and the Order of the Phoenix" to excited fans across the country on Saturday, June 21 -- the first day the book is available to the public.

In what will be the largest distribution event of any single item in e-commerce history, Amazon.com is offering delivery of "Harry Potter and the Order of the Phoenix" via FedEx delivery services or the U.S. Postal Service on Saturday, June 21, for the same price as Standard shipping.

"We know kids of all ages are eager to start reading about Harry's next adventure, and we're thrilled to be working with FedEx and the U.S. Postal Service to offer customers the easiest way to get their hands on 'Harry Potter and the Order of the Phoenix' on the day it is released," said Steve Kessel, vice president, North American media products. "Now, not only will customers receive a 40 percent discount when they order the book on Amazon.com, but they can also have it delivered to their doors the first day it's available."

"FedEx will use its portfolio of services to tailor a solution for Amazon.com as we did in 2000 when we delivered 250,000 Harry Potter books to homes on a Saturday, the same day books were first available in stores," said T. Michael Glenn, FedEx executive vice president, marketing and corporate communications. "FedEx appreciates the opportunity to work with Amazon.com and once again be part of e-commerce history with this delivery."

"Harry Potter and the Order of the Phoenix" became Amazon.com's No. 1 bestselling book within two hours of becoming available for pre-order on January 15, 2003, and has remained atop the bestseller list since.

Harry Potter has also been a bestseller in Amazon.com's DVD store. "Harry Potter and the Chamber of Secrets," the second Harry Potter film, has been Amazon.com's No. 1 selling DVD for eight weeks since becoming available for pre-order in February.

Amazon.com is offering special Saturday delivery for qualifying orders of both the regular and deluxe editions of "Harry Potter and the Order of the Phoenix" to addresses within the 50 United States. More information can be found at www.amazon.com/hp5_help.

About Amazon.com

Amazon.com, a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers list millions of unique new and used items in categories such as apparel and accessories, electronics, computers, kitchenware and housewares, books, music, DVDs, videos, cameras and photo items, toys, baby items and baby registry, software, computer and video games, cell phones and service, tools and hardware, magazine subscriptions and outdoor living items.

Amazon.com operates six Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca.

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, foreign exchange rates, management of potential growth, system interruption, international expansion, consumer trends, inventory, fulfillment center optimization, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2002, and all subsequent filings.

About FedEx

With annual revenues of $22 billion, FedEx Corp. is the premier global provider of transportation, e-commerce and supply chain management services. The company offers integrated business solutions through a network of subsidiaries operating independently, including: FedEx Express, the world's largest express transportation company; FedEx Ground, North America's second largest provider of small-package ground delivery service; FedEx Freight, the largest U.S. provider of regional less-than-truckload freight services; FedEx Custom Critical, North America's largest provider of expedited time-critical shipments; and FedEx Trade Networks, a provider of customs clearance, international freight forwarding and trade facilitation.